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See how verdicts work2-bedroom flat · SE21 8QJ
For saleReduced £25k (−7.7%) on 26 SepListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the established Kingswood Estate, this attractive first-floor apartment provides well-proportioned two-bedroom accommodation and represents an excellent opportunity for buyers seeking generous living space in SE21.
Upon entering, a central hallway provides access to the accommodation.
The large reception room is particularly impressive, offering plenty of space to create separate living and dining areas and providing a comfortable setting for both everyday living and entertaining.
The separate kitchen is conveniently positioned adjacent to the living accommodation and provides a practical working kitchen with good potential for personalisation.
The two bedrooms are arranged away from the main living space, creating a good degree of separation and flexibility.
The accommodation would suit a couple or small family particularly well, while the second bedroom could alternatively be used as a home office, study or guest room.
A family bathroom and separate WC complete the accommodation.
Located in the sought-after SE21 area, Hovenden House offers buyers the opportunity to acquire a spacious two-bedroom property with scope to modernise and make their own Tenure - Leasehold Lease Length - 125 years from and including 7th June 2021 (119 Years and 10 Months remaining) Service Charge - £2,000 pa Ground Rent - N/A Local Authority Southwark Council Tax Band - B Energy Performance Rating - C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 16, Hovenden House,, Kingswood Estate, London
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